{"id":29221,"date":"2012-05-25T13:52:32","date_gmt":"2012-05-25T17:52:32","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=29221"},"modified":"2012-05-25T13:52:32","modified_gmt":"2012-05-25T17:52:32","slug":"flowers-foods-reports-mixed-results-cuts-guidance","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/05\/25\/flowers-foods-reports-mixed-results-cuts-guidance\/","title":{"rendered":"Flowers Foods Reports Mixed Results, Cuts Guidance"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v0f61bc36034861048b8f44bbd5506a3c7cc9e658&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v0f61bc36034861048b8f44bbd5506a3c7cc9e658&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>Flowers Foods (NYSE:FLO) reported Q1 EPS of $0.28, inline with estimates.Revenues in the quarter rose 12% year-over-year to $898 million, beating estimates by $9 million.The company said its input costs hurt margins, offset that with SG&#038;A and operations expense cuts, it reported Q1 gross margins of 46.7% vs. 48.6% year-over-year and it sees 2012 EPS rising 3.5% &#8211; 8% from $0.96 in 2011, vs. its prior view of 7% &#8211; 12% growth given on February 9th, which implies $0.99 &#8211; $1.04. More or less their high range of guidance is inline with analyst estimates.Flowers Foods currently up on the stock exchange, seeing an increase of over 5.5% to $20.68.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/05\/25\/1_gwsarydr_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/05\/25\/1_gwsarydr_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Flowers Foods (NYSE:FLO) reported Q1 EPS of $0.28, inline with estimates.Revenues in the quarter rose 12% year-over-year to $898 million, beating estimates by $9 million.The company said its input costs hurt margins, offset that with SG&#038;A and operations expense cuts, it reported Q1 gross margins of 46.7% vs. 48.6% year-over-year and it sees 2012 EPS &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/05\/25\/flowers-foods-reports-mixed-results-cuts-guidance\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Flowers Foods Reports Mixed Results, Cuts Guidance&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-29221","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/29221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=29221"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/29221\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=29221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=29221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=29221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}